欣龙控股(000955) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥107,455,170.27, a decrease of 5.60% compared to ¥113,831,116.79 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥7,121,487.54, improving by 10.70% from a loss of ¥7,974,591.39 year-on-year[4] - Net loss for Q1 2024 was CNY 7,838,621.39, an improvement from a net loss of CNY 8,651,886.52 in Q1 2023, representing a reduction of 9.4%[17] - Operating profit for the quarter was CNY -7,515,527.67, slightly better than CNY -7,815,270.92 in the same period last year[17] - Total operating revenue for Q1 2024 was CNY 107,455,170.27, a decrease of 5.5% compared to CNY 113,831,116.79 in Q1 2023[15] Cash Flow - The net cash flow from operating activities was -¥42,344,921.02, a decline of 10.78% compared to -¥38,224,507.33 in the previous year[4] - Cash flow from operating activities was CNY 146,170,301.33, down from CNY 167,153,920.26 in Q1 2023, indicating a decline of 12.5%[18] - The net cash flow from operating activities for Q1 2024 was -42,344,921.02, compared to -38,224,507.33 in Q1 2023, indicating a decline in operational cash flow[19] - The total cash outflow from operating activities was 191,813,916.38, compared to 217,404,929.83 in the same period last year, suggesting a reduction in cash expenses[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥908,943,243.50, down 2.23% from ¥929,716,010.19 at the end of the previous year[4] - Total liabilities decreased to CNY 178,008,621.64 from CNY 190,942,766.94, a reduction of 6.8%[14] - Total current liabilities decreased from 126,986,199.18 CNY to 114,648,735.54 CNY, a reduction of approximately 9.7%[13] - The company reported a total non-current asset value of 454,934,454.20 CNY, down from 463,506,382.75 CNY, a decrease of about 1.5%[13] Shareholder Information - Total number of common shareholders at the end of the reporting period is 35,583[10] - The largest shareholder, Jiaxing Paradise Silicon Valley Equity Investment Co., Ltd., holds 10.24% of shares, totaling 55,144,810 shares[10] - The total number of preferred shareholders is zero, indicating no preferred shares outstanding[11] Research and Development - Research and development expenses increased by 60.37% to ¥910,049.63, reflecting a focus on innovation[7] - Research and development expenses increased to CNY 910,049.63, up 60.3% from CNY 567,477.63 in the previous year[15] Financial Expenses and Gains - Financial expenses decreased by 64.66% to ¥920,494.36, attributed to a reduction in borrowing scale and increased exchange gains[7] - The company reported a decrease in financial expenses to CNY 920,494.36 from CNY 2,604,565.08, a reduction of 64.7%[15] - The company recorded a 79.03% decline in fair value gains to ¥179,216.32, primarily due to changes in the fair value of financial assets[7] Inventory and Receivables - Accounts receivable decreased from 78,185,725.61 CNY to 61,166,577.10 CNY, a reduction of about 21.8%[12] - Inventory increased from 80,704,783.44 CNY to 90,345,540.33 CNY, an increase of approximately 11.9%[12] Investment Activities - Total cash inflow from investment activities was 23,050,211.65, significantly lower than 189,147,502.47 in the previous year, reflecting reduced investment recovery[19] - The company reported a cash outflow of 35,667,410.00 for investment activities, down from 124,227,090.86 in the previous year, indicating reduced capital expenditures[19] Other Information - The company did not report any new product launches or significant market expansions during this quarter[21]